The Great Depression, the worst economic downfall ever in United States history, began late in 1929. Supposedly triggered by the stock market crash. It lasted for nearly a decade. The main cause for the depression was the combination of the greatly unequal distribution of wealth throughout the 1920s and the extensive stock market speculation that took place during the latter part of that same decade. The devastating economic losses of the 1930s were not limited just
showed first 75 words of 427 total
showed last 75 words of 427 total
Depression is a broad subject viewed by numerous aspects. All of which go into great detail. No matter how you depict the harsh time in economic history, the bond between the effects of the United States and of Europe can be described as follows: The weak international economy of the 1930s. Europe was reliant upon U.S. loans to buy U.S. goods, and the U.S. needed Europe to buy these goods to prosper.